Shenandoah Telecommunications Co (SHEN) Q3 2024 Earnings Report Preview: What To Look For

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Nov 06, 2024
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Shenandoah Telecommunications Co (SHEN, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $88.80 million, and the earnings are expected to come in at -$0.02 per share. The full year 2024's revenue is expected to be $336 million and the earnings are expected to be $2.07 per share. More detailed estimate data can be found on the Forecast page.

Shenandoah Telecommunications Co (SHEN, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Shenandoah Telecommunications Co (SHEN) for the full year 2024 have declined from $348.66 million to $336 million, and for 2025, they have decreased from $417 million to $405 million. Earnings estimates have remained flat at $2.07 per share for the full year 2024 and at -$0.16 per share for 2025.

Shenandoah Telecommunications Co (SHEN, Financial) Reported History

In the previous quarter of 2024-06-30, Shenandoah Telecommunications Co's (SHEN) actual revenue was $85.80 million, which missed analysts' revenue expectations of $86.113 million by -0.36%. Shenandoah Telecommunications Co's (SHEN) actual earnings were -$0.24 per share, which missed analysts' earnings expectations of $0.013 per share by -1946.15%. After releasing the results, Shenandoah Telecommunications Co (SHEN) was down by -14.66% in one day.

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Shenandoah Telecommunications Co (SHEN, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Shenandoah Telecommunications Co (SHEN) is $26 with a high estimate of $26 and a low estimate of $26. The average target implies an upside of 80.06% from the current price of $14.44.

Based on GuruFocus estimates, the estimated GF Value for Shenandoah Telecommunications Co (SHEN, Financial) in one year is $27.90, suggesting an upside of 93.21% from the current price of $14.44.

Based on the consensus recommendation from 2 brokerage firms, Shenandoah Telecommunications Co's (SHEN, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.